About CyberAgent Capital
CyberAgent Capital is a venture capital firm founded in 2006. It is primarily based out of Tokyo, Japan. As of Aug 2026, CyberAgent Capital is an active investor, having invested in 299 companies, with 9 new investments in the last 12 months. It primarily invests in Seed round in Japan based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to Consumer and Retail. Most recently it participated in the $***** Seed round of Nobest Overall, CyberAgent Capital portfolio has seen 2 unicorns, 29 IPOs and 27 acquisitions including key companies like PropTiger, Sansan and VNG. A lot of funds co-invest with CyberAgent Capital, with names like East Ventures sharing a substantial percentage of its portfolio. CyberAgent Capital has team of 14 people including 5 partners.Key Metrics
CyberAgent Capital's List of Top Investments
CyberAgent Capital has a portfolio of 299 companies, including 2 unicorns. Their most notable investments are in Sales Marker and Teammately.Their portfolio spans across Japan, China, Vietnam and 9 more locations. They have invested in Enterprise Applications, Consumer, Retail and 29 other sectors, across stages such as Seed, Series A and 8 more. Here is the list of top investments by CyberAgent Capital:
1. PropTiger
Provider of digital real estate listings and home buying services. This platform facilitates the search and discovery of residential properties for individuals seeking to purchase new homes. It offers assistance throughout the acquisition process, including site visit scheduling, unit booking support, and legal guidance. Furthermore, the service provides access to mortgage lending resources and financial calculation tools for potential property buyers.
Key facts about PropTiger
- Founded Year: 2011
- Location: Gurugram (India)
- Annual Revenue: SGD 10M - 50M as on Mar 31, 2022
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $99M
- Employee Count: 1,233 as on Jun 30, 2026
- Investors: Helion Venture Partners, Qualcomm Ventures and 26 Others
- Latest Funding Round: Series C, Jan 10, 2017, $*****
- Highlight: Acquired
2. Sansan
Business card management software for enterprises. It offers a cloud-based card management software for enterprises. Employees can upload and scan cards, the company then uses OCR technology and human transcription to digitize them. Digital cards can be then accessed by everyone in the company and the data can also be exported in a .csv format. Users can search for cards in the database and add tags.
Key facts about Sansan
- Founded Year: 2007
- Location: Tokyo (Japan)
- Stage: Public
- Total Funding till date: $118M
- Employee Count: 97 as on Jun 30, 2026
- Investors: T. Rowe Price, Goldman Sachs and 13 Others
- Latest Funding Round: Series E, Dec 06, 2018, $*****
- Highlight: Public
3. VNG
Online games developer and cloud solutions provider. The company has various products such as online digital content, community links, utility software, and eCommerce. The games developed and published by the company include Gunny, Kiem The, Crossfire Legends, and more.
Key facts about VNG
4. Jago Coffee
Internet first brand offering on-demand coffee and drinks. It serves different types of coffee, chocolate beverage, and tea. Also, provides drinks on a mobile convenience cart. It offers mobile applications for Android and iOS platforms.
Key facts about Jago Coffee
- Founded Year: 2020
- Location: Jakarta (Indonesia)
- Stage: Series B
- Total Funding till date: $20.5M
- Employee Count: 314 as on Jun 30, 2026
- Investors: Beenext, D Global Ventures and 5 Others
- Latest Funding Round: Series B, Feb 05, 2026, $*****
- Highlight: Editors' Pick
5. Paidy
Paidy provides an app-based lending platform for purchase financing. It enables users to make installment payments for online/offline products. Payments can be done via bank transfer or auto-debit from the bank account. The app is available on both IOS and Android platforms.
Key facts about Paidy
- Founded Year: 2014
- Location: Tokyo (Japan)
- Stage: Acquired
- Total Funding till date: $281M
- Employee Count: 178 as on Jun 30, 2026
- Investors: Goldman Sachs, Tybourne Capital Management and 28 Others
- Latest Funding Round: Series D, Mar 30, 2021, $*****
- Highlight: Acquired
CyberAgent Capital's Year-on-Year Investment Trends
CyberAgent Capital has invested in 299 companies over the last 20 years, with an average of 7 new investments annually in the last 10 years. In 2025, it made 11 investments, while as of Aug 2026, it has made 7 investments in this year. Its most recent first time investment was in Nobest and most recent follow-on round was in Smooth.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 6 | 1 | 7 |
2025 | 8 | 3 | 11 |
2024 | 8 | 2 | 10 |
2023 | 8 | 0 | 8 |
2022 | 14 | 5 | 19 |
2021 | 8 | 0 | 8 |
2020 | 5 | 1 | 6 |
2019 | 4 | 3 | 7 |
2018 | 6 | 1 | 7 |
2017 | 2 | 1 | 3 |
CyberAgent Capital's Investments by Stage
CyberAgent Capital has made 135 investments in Seed stage with an average round size of $1.3M, 40 investments in Series A stage with an average round size of $4.04M and 8 investments in Series B stage with an average round size of $34.5M.Stage of entry | No. of Investments |
|---|---|
Seed | 135 |
Series A | 40 |
Series B | 8 |
Angel | 4 |
Series C | 3 |
Others | 7 |
Note: We have considered here, only first round of investments
CyberAgent Capital's Investments by Sector
CyberAgent Capital has a diverse portfolio, with companies operating in the Consumer, Enterprise Applications, Retail, Media & Entertainment and Mobile. Notably, it has invested in 224 Tech companies, 168 Consumer (B2C) companies, 111 Enterprise (B2B) companies and at least 102 companies focusing on Software.Sector | No. of Investments |
|---|---|
Consumer | 67 |
Enterprise Applications | 57 |
Retail | 37 |
Media & Entertainment | 24 |
Mobile | 16 |
Others | 161 |
Note: We have considered here, only first round of investments
CyberAgent Capital's Investments by Geography
CyberAgent Capital has made most investments in Japan (97), followed by Vietnam where it has made 24 investments.Country | No. of Investments |
|---|---|
Japan | 97 |
Vietnam | 24 |
China | 21 |
United States | 16 |
Indonesia | 13 |
Others | 25 |
Note: We have considered here, only first round of investments
CyberAgent Capital's recent investments
CyberAgent Capital has made 7 investments in 2026 so far. Nobest and Smooth are the latest among them.Here are the most recent investments by CyberAgent Capital:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Aug 07, 2026 | Japan | Seed | 9885 | ||
Jun 29, 2026 | Japan | Series C | 9449 | [+2] | |
Jun 25, 2026 | Japan | Seed | 6211 | ||
Jun 05, 2026 | Japan | Seed | 4434 | [+1] | |
Apr 28, 2026 | Japan | Seed | 6942 | [+1] |
Unicorns in CyberAgent Capital's Portfolio
CyberAgent Capital has 2 unicorns in its portfolio - Tiki and VNG. The most recent unicorn in their portfolio is Tiki. It became a unicorn in 2022, 10 years after CyberAgent Capital first invested in it.Here is a list of unicorns in CyberAgent Capital's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
69 | Online marketplace offering multi-category products | 2010 | Ho Chi Minh City | Series E | cwskxgl | ||
75 | Online games developer and cloud solutions provider | 2004 | Ho Chi Minh City | Series B | eftbepw |
IPOs and Publicly Listed companies in CyberAgent Capital's Portfolio
29 of CyberAgent Capital's portfolio companies have become public. Note got listed on the Tokyo Stock Exchange (TSE), in Dec 2022 at marketcap of $38.1M and Kaizen Platform got listed on the Tokyo Stock Exchange (TSE) at marketcap of $17.2M.Here are CyberAgent Capital's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Dec 21, 2022 | Jun 29, 2012 | Seed | 4799 | |
Dec 22, 2020 | Aug 20, 2013 | Seed | 7792 | |
Oct 30, 2020 | Aug 27, 2011 | Seed | 9020 | |
Mar 10, 2020 | Feb 2014 | Seed | 2477 | |
Dec 20, 2019 | Oct 14, 2014 | Seed | 4642 |
Acquired companies in CyberAgent Capital's Portfolio
27 companies from CyberAgent Capital's portfolio have been acquired. The most recent acquisition was Remember in Aug 2025 by EQT for $*****.Here are CyberAgent Capital's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Aug 10, 2025 | - | - | 8018 | |
Jul 23, 2025 | - | - | 9262 | |
Dec 11, 2023 | Apr 19, 2011 | Series B | 8320 | |
May 10, 2023 | May 25, 2016 | Series A | 1079 | |
Apr 10, 2023 | - | - | 5566 |
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Team profile of CyberAgent Capital
CyberAgent Capital has a team of 14 members including 5 Partners located in Japan, Vietnam and 1 more location. CyberAgent Capital's team does not sit on the board of any company as of now.Here is a list of top team members in CyberAgent Capital:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Tokyo | - | ||
Partner | Tokyo | - | ||
Partner | Hanoi | |||
Partner | Jakarta | - | ||
Partner | - | - |
Co-investors of CyberAgent Capital
Over the past 20 years, 637 investors have co-invested in CyberAgent Capital's portfolio companies. This includes funds and angels.
- Invested before CyberAgent Capital: East Ventures, 500 Global and 91 others have invested in rounds before CyberAgent Capital. There are 6 companies where East Ventures has invested before CyberAgent Capital and 6 companies where 500 Global has invested before CyberAgent Capital.
- Top Co-investors of CyberAgent Capital: 241 investors entered a company along with CyberAgent Capital. These include investors like East Ventures (10 companies).
- Invested after CyberAgent Capital: A total of 303 investors have invested in CyberAgent Capital's portfolio after their investments. Top Investors include SBI Investment (8 companies), Nissay Capital (7 companies) and Mizuho Capital (7 companies).
Recent News related to CyberAgent Capital
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CFOne Raises ¥170M in Pre-Series A Round to Expand AI Tax OSThe SaaS News•Jul 03, 2026•co.jp, Coreline, CyberAgent Capital, SonicHub Guild
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HARTi raises pre-Series A funding from CyberAgent Capital and Good Smile CompanyStartup Log•Jun 25, 2026•CyberAgent Capital, Goodsmile, HARTi
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Vietnamese game startup Panthera Global nets $1.5m seed roundTech in Asia•Jan 28, 2026•Panthera Studio, TAC, CyberAgent Capital
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PLAINER Raises Approximately ¥400 Million in Series A FundingStartup Log•May 20, 2025•PLAINER, Angel Bridge, ALL STAR SAAS FUND, CyberAgent Capital and 1 other
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OMO Corporation Raises Approximately 100 Million Yen in Seed Round FundingStartup Log•Mar 03, 2025•OMO, CyberAgent Capital, Dual Bridge Capital, NESCO
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Respo, an e-commerce payment SaaS, secures ¥120M in pre-Series A funding.Startup Log•Feb 05, 2025•Respo, East Ventures, CyberAgent Capital,
